{"id":431764,"date":"2022-04-14T22:09:44","date_gmt":"2022-04-14T19:09:44","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/elon-musk-f-king-with-the-sec-amid-twitter-offer\/"},"modified":"2022-04-14T22:09:44","modified_gmt":"2022-04-14T19:09:44","slug":"elon-musk-f-king-with-the-sec-amid-twitter-offer","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/elon-musk-f-king-with-the-sec-amid-twitter-offer\/","title":{"rendered":"#Elon Musk &#8216;f&#8211;king with the SEC&#8217; amid Twitter offer"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3a6c02507ae\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3a6c02507ae\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/elon-musk-f-king-with-the-sec-amid-twitter-offer\/#%E2%80%9CElon_Musk_%E2%80%98f%E2%80%93king_with_the_SEC_amid_Twitter_offer%E2%80%9D\" >&#8220;Elon Musk &#8216;f&#8211;king with the SEC&#8217; amid Twitter offer&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CElon_Musk_%E2%80%98f%E2%80%93king_with_the_SEC_amid_Twitter_offer%E2%80%9D\"><\/span>&#8220;Elon Musk &#8216;f&#8211;king with the SEC&#8217; amid Twitter offer&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Elon Musk\u2019s offer to buy <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> for $54.20 per share and take the company private is just the latest elaborate dig in the billionaire\u2019s ongoing battle with the SEC, fellow tech entrepreneur Mark Cuban claims.<\/p>\n<p>Musk\u2019s made the offer \u2014 complete with a 420 reference \u2014 alongside a declaration that Twitter \u201cneeds to be transformed as a private company\u201d to unlock its full potential. Cuban noted the offer was quite similar to the incident that originally landed Musk in hot water with the SEC.<\/p>\n<p>In his infamous 2018 tweet, Musk declared that he had \u201cfunding secured\u201d to take Tesla private at $420 per share \u2014 leading the SEC to accuse him of making false and misleading statements about the company\u2019s finances.<\/p>\n<p>\u201cMy conclusion, @elonmusk is f\u2014king with the SEC,\u201d <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/mcuban\/status\/1514651819317809159\">Cuban tweeted.<\/a> \u201cHis filing w\/the SEC allows him to say he wants to take a company private for $54.20 Vs. his \u2018Am considering taking Tesla private at $420. Funding secured.\u2019<\/p>\n<p>\u201cPrice go up. His shares get sold. Profit [up] SEC like WTF just h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ened,\u201d Cuban added.<\/p>\n<p>Musk revealed his Twitter offer during an ongoing effort by his legal team to terminate a 2018 settlement with the SEC over his original \u201cfunding secured\u201d tweet. <\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/musk-cuban-sec-twitter-03.jpg?w=1024\" alt=\"Elon Musk\" class=\"wp-image-21905606\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/musk-cuban-sec-twitter-03.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/musk-cuban-sec-twitter-03.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/musk-cuban-sec-twitter-03.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Elon Musk offered to buy Twitter at $54.20 a share.<\/figcaption><figcaption><span class=\"credit\">AFP via Getty Images<\/span><\/figcaption><\/figure>\n<p>The settlement included a consent decree requiring that all of Musk\u2019s tweets pertaining to Tesla or its business be reviewed and approved by company attorneys before they could be posted.<\/p>\n<p>The SEC argued that Musk\u2019s tweet constituted fraud, while he has maintained it was truthful.<\/p>\n<p>Musk\u2019s spat with the SEC resurfaced during his Thursday appearance at a TED conference in Vancouver \u2014 where he discussed his offer to buy Twitter just hours after it became public knowledge.<\/p>\n<p>During the conversation, Musk was adamant that he had enough funding secured to buy Twitter \u2014 and pushed back on the SEC\u2019s stance that he didn\u2019t have the backing to take Tesla private in 2018.<\/p>\n<p>\u201cWith Tesla back in the day, funding was actually secured. I want to be clear about that,\u201d Musk said.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<div class=\"embed-wrapper twitter\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Every major tech company , Google, fb, et al is on the phone with their anti trust lawyers asking if they can buy Twitter and get it approved. And Twitter is on the phone with their lawyers asking which can be their white knight.   Gonna be interesting <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/khCVPzuGiM\">https:\/\/t.co\/khCVPzuGiM<\/a><\/p>\n<p>\u2014 Mark Cuban (@mcuban) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/mcuban\/status\/1514609934897336324?ref_src=twsrc%5Etfw\">April 14, 2022<\/a><\/p><\/blockquote>\n<\/div>\n<\/div>\n<\/figure>\n<p>Musk claimed that he only agreed to settle with the SEC because banks warned him they would cut off Tesla\u2019s cash flow if the case continued.<\/p>\n<p>\u201cSo that\u2019s like having a gun to your child\u2019s head,\u201d Musk claimed. \u201cSo I was forced to concede to the SEC unlawfully. Those bastards.\u201d<\/p>\n<p>Cuban elaborated on his view of Musk\u2019s offer in a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of tweets \u2014 revealing his belief that Twitter\u2019s current management would \u201cdo everything possible not to sell the company.\u201d<\/p>\n<p>\u201cThey will try to get a friendly to come in and buy Elon\u2019s shares and get him out,\u201d Cuban added.<\/p>\n<p>Cuban surmised that major tech firms such as Google or Facebook could explore an acquisition of the company after Musk\u2019s action opened the possibility of a sale.\n                        <\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/04\/14\/mark-cuban-elon-musk-is-f-king-with-the-sec-with-twitter-buy-offer\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Elon Musk &#8216;f&#8211;king with the SEC&#8217; amid Twitter offer&#8221; Elon Musk\u2019s offer to buy Twitter for $54.20 per share and take the company private is just the latest elaborate dig in the billionaire\u2019s ongoing battle with the SEC, fellow tech entrepreneur Mark Cuban claims. Musk\u2019s made the offer \u2014 complete with a 420 reference \u2014&#8230;<\/p>\n","protected":false},"author":1,"featured_media":431765,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/musk-cuban-sec-twitter-99.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[74898,127989,39394,72590,10401],"class_list":["post-431764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-sec","tag-4-14-22","tag-elon-musk","tag-mark-cuban","tag-twitter"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/431764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=431764"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/431764\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/431765"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=431764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=431764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=431764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}